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Nonprofit · EIN 81-2253548

EDUCATION LEADERS OF COLOR INC

Tax-exempt · LOS ANGELES, CA 90010

Financials

$3M$6M2023$5.8M$5.1M2024
Revenue Expenses · by fiscal year end
Financials of EDUCATION LEADERS OF COLOR INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,773,935$5,120,294$653,641$12,932,668$235,896$12,696,772
December 31, 2023990$3,001,846$6,001,822-$2,999,976$12,290,325$375,513$11,914,812
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,770,092
Program service revenue
$725,522
Investment income
$278,321
Net gain from sales of assets
$17,493
Other revenue
$0

Expenses

Grants and similar amounts paid
$175,000
Compensation of officers, directors and key employees
$817,633
Other salaries and wages
$752,900
Salaries, compensation and benefits (total)
$1,903,097
Professional fundraising fees
$0
Legal fees
$21,452
Accounting fees
$127,140
Travel
$47,708
Depreciation
$4,167
Program services (functional)
$4,441,508
Management and general (functional)
$591,854
Fundraising (functional)
$86,932

Balance sheet and other

Total assets, start of year
$12,290,325
Total assets, end of year
$12,932,668
Total liabilities, end of year
$235,896
Net assets, end of year
$12,696,772
Land, buildings and equipment
$1,041
Publicly traded securities
$8,699,323
Net assets without donor restrictions
$11,094,702
Net assets with donor restrictions
$1,602,070
Gross receipts
$6,523,818
Employees
10
Volunteers
763
Year formed
2016
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
HEATHER HARDINGEXECUTIVE IN RESIDENCE
Key employee
40$292,669$29,376
SHARHONDA BOSSIERCHIEF EXECUTIVE OFFICER
Officer
40$285,797$18,130
JESSICA RHAUSENIOR DIR. STRATEGY & PROGRAMS
Highest-paid employee
40$232,345$10,612
ANGELICA SOLIS-MONTEROCHIEF POLICY OFFICER
Highest-paid employee
40$173,346$40,306
ANDREA FOGGY-PAXTONENTREPRENEUR IN RESIDENCE
Key employee
40$200,138$10,000
SARAH WINSHELDIR. OF OPERATIONS & SPECIAL PROJECTS
Highest-paid employee
40$137,903$4,807
LESLEY MORENONETWORK OPERATIONS
Highest-paid employee
40$119,350$0
NANCY GUTIERREZCHAIR
Trustee or director, Officer
2$0$0
DERONDA WILLIAMSTREASURER
Trustee or director, Officer
2$0$0
SONYA ANDERSONDIRECTOR
Trustee or director
2$0$0
TOMMY CHANGDIRECTOR
Trustee or director
2$0$0
DINAH CONSUEGRADIRECTOR
Trustee or director
2$0$0
RAQUEL DONOSODIRECTOR
Trustee or director
2$0$0
VINICE DAVISDIRECTOR
Trustee or director
2$0$0
ALMA MARQUEZDIRECTOR
Trustee or director
2$0$0
1 more people on this return
NameTitleHours / weekCompensation
ANA PONCEDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
SHARHONDA BOSSIERCEO
Officer
40$328,836$56,511
KRUPA DESAICHIEF STRATEGY OFFICER
Key employee
40$228,370$19,031
ANGELICA SOLIS-MONTEROCHIEF POLICY OFFICER
Highest-paid employee
40$183,813$36,655
DARYL MCADOOCHIEF NETWORK OFFICER
Highest-paid employee
40$179,599$16,637
ELSA DURECHIEF OPERATING OFFICER
Highest-paid employee
40$187,549$7,589
ANDREA FOGGY-PAXTONENTREPRENEUR IN RESIDENCE
Highest-paid employee
40$138,034$6,506
ANDREA ARROYODIR. OF NETWORK CULTURE & ENGAGE.
Highest-paid employee
40$118,314$17,232
GREG GUNNCHAIR
Trustee or director, Officer
2$0$0
DERONDA WILLIAMSTREASURER
Trustee or director, Officer
2$0$0
ALMA MARQUEZDIRECTOR
Trustee or director
2$0$0
TOMMY CHANGDIRECTOR
Trustee or director
2$0$0
NANCY GUTIERREZDIRECTOR
Trustee or director
2$0$0
HEATHER HARDINGDIRECTOR
Trustee or director
2$0$0
DINAH CONSUEGRADIRECTOR
Trustee or director
2$0$0
ANA PONCEDIRECTOR
Trustee or director
2$0$0
SONYA ANDERSONDIRECTOR
Trustee or director
2$0$0
RAQUEL DONOSODIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
3680 WILSHIRE BLVD STE P-04-1052, LOS ANGELES, CA 90010-2707
In care of
% MS LAYLA AVILA
Principal officer (990 for 2024)
SHARHONDA BOSSIER, 3680 WILSHIRE BLVD STE P-04-1052, LOS ANGELES, CA 90010
Signed the 990
SHARHONDA BOSSIER, CHIEF EXECUTIVE OFFICER
Phone
(831) 419-8415
Return prepared by
CITRIN COOPERMAN ADVISORS LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 81-2253548 or by the name EDUCATION LEADERS OF COLOR INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO CATALYZE THE ACADEMIC AND ECONOMIC ADVANCEMENT OF YOUNG PEOPLE OF COLOR BY HARNESSING THE POWER OF OUR MULTI-RACIAL, MULTI-SECTOR, AND VALUES-ALIGNED MEMBERSHIP NETWORK.

990 for the year ended December 31, 2024

Program accomplishments

  • NETWORK: EDLOC RECRUITS AND SELECTS LEADERS OF COLOR IN KEY DECISION-MAKING ROLES TO JOIN OUR MULTIRACIAL, MULTI-SECTOR NETWORK, BUILDING COLLECTIVE POWER AND EXPANDING MEMBERS' PROFESSIONAL NETWORKS AND SOCIAL CAPITAL. ONCE MEMBERS JOIN, EDLOC OFFERS YEAR-ROUND PROGRAMMING TO STRENGTHEN LEADERSHIP, FOSTER BELONGING, AND SUPPORT MEMBERS' IMPACT ACROSS SECTORS. OUR NATIONAL CONVENING, WHICH CONSISTENTLY SELLS OUT AND DREW OVER 500 PARTICIPANTS IN 2024, REMAINS A FLAGSHIP EXPERIENCE. IT BRINGS MEMBERS TOGETHER TO DEEPEN KNOWLEDGE OF OUR POLICY PLATFORM, ENGAGE IN PEER LEARNING, AND ALIGN AROUND SHARED VALUES AND PRIORITIES. THE CONVENING FILLS A CRITICAL GAP IN THE FIELD BY CREATING SPACE FOR VALUES-ALIGNED, DIVERSE LEADERS IN EDUCATION AND RELATED FIELDS. IN ADDITION, MEMBERS PARTICIPATE IN CURATED PROGRAMMING THROUGHOUT THE YEAR, INCLUDING BOOK TALK TALKS, REGIONAL GATHERINGS MEMBER-LED EVENTS AND POLICY-FOCUSED FORUMS THAT CENTER THE LEADERSHIP AND LIVED EXPERIENCE OF PEOPLE OF COLOR. THESE SPACES GROW AND CONNECT THE MEMBERSHIP, ELEVATE SHARED VALUES, BUILD SKILLS, BRIDGE RESEARCH AND PRACTICE, AND ALIGN ON OUR GOALS AND PRIORITIES.
    Expenses $2,090,101 · revenue $702,272
  • IN 2024, EDLOC AWARDED $175,000 IN GRANTS TO CAMPAIGN FOR OUR SHARED FUTURE AND BECAME THE HOME OF THIS TIME-BOUND NATIONAL INITIATIVE, WHICH WORKS TO SHIFT THE PUBLIC NARRATIVE AND CENTER THE NEEDS OF CHILDREN BY BUILDING GRASSROOTS SUPPORT TO STOP HARMFUL POLICIES LIKE BOOK BANS AND CURRICULUM CENSORSHIP. THE SOCIAL STUDIES ACCELERATOR IS AN ONGOING INITIATIVE THAT ADVANCES THE ADOPTION AND IMPLEMENTATION OF HIGH-QUALITY, CULTURALLY RESPONSIVE SOCIAL STUDIES CURRICULA IN SCHOOLS AND DISTRICTS NATIONWIDE. THROUGH A CONTINUED PARTNERSHIP WITH RECONSTRUCTIONUS, EDLOC HELPS EXPAND ACCESS TO CULTURALLY AFFIRMING COURSES AND LEARNING EXPERIENCES FOR STUDENTS FROM LOW-INCOME COMMUNITIES, ENSURING THEY SEE THEMSELVES REFLECTED IN WHAT AND HOW THEY LEARN.
    Expenses $1,785,801 · grants $175,000 · revenue $23,250
  • POLICY & ADVOCACY: EDLOC ACTIVATES THE COLLECTIVE VOICE OF ITS MEMBERS TO ADVANCE BOLD, EQUITY-DRIVEN POLICY SOLUTIONS. THROUGH REGIONAL NETWORKS AND AFFINITY GROUPS, EDLOC MEMBERS CONVENE TO STRATEGIZE AROUND ADVANCING POLICIES THAT PROTECT AND SUPPORT STUDENTS, FAMILIES, AND COMMUNITIES, WHILE BUILDING RELATIONSHIPS THAT STRENGTHEN CROSS-SECTOR, MULTIRACIAL COALITIONS. IN 2024, AS IN PREVIOUS YEARS, MEMBERS ENGAGE DIRECTLY WITH POLICYMAKERS DURING ADVOCACY DAY EVENTS IN WASHINGTON, D.C., AND IN THEIR HOME DISTRICTS TO ELEVATE PRIORITIES THAT REFLECT THE NEEDS OF THE COMMUNITIES THEY SERVE.
    Expenses $429,036
  • GRANTMAKING: THE BOULDER FUND GRANTS SUPPORT ENTREPRENEURIAL VENTURES OF INNOVATIVE AND DIVERSE LEADERS WORKING TO ADVANCE EDLOC'S VALUES AND POLICY PRIORITIES. THE FUND IS INTEGRAL TO EDLOC'S STRATEGY OF ADVANCING VALUES-ALIGNED LEADERS OF COLOR COMMITTED TO DEMONSTRATING THE IMPACT OF CROSS-SECTOR APPROACHES. EDLOC INVESTS IN LEADERS AND ORGANIZATIONS THAT ARE TAKING VALUE-ALIGNED APPROACHES TO SOLVING THE MOST PRESSING CHALLENGES IN EDUCATION AND ARE INSPIRED BY BEING PART OF A NETWORK THAT COLLECTIVELY SEEKS TO BUILD GENERATIONAL WEALTH. IN ADDITION TO DIRECT GRANT SUPPORT, EDLOC PROVIDES COACHING AND THOUGHT PARTNERSHIP TO GRANTEES. THE GRANT RECIPIENTS LEAD ORGANIZATIONS FOCUSED ON IMPROVING LIFE OUTCOMES FOR CHILDREN OF COLOR ACROSS THE COUNTRY.
    Expenses $136,570

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-2253548
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,932,668
Income (IRS master file)
$6,523,818

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,773,935$5,120,294$12,932,668XML
990December 2023$3,001,846$6,001,822$12,290,325XML
990December 2022$7,018,957$5,958,694$14,796,496IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-2253548).

Questions about EDUCATION LEADERS OF COLOR INC

What is the EIN of EDUCATION LEADERS OF COLOR INC?
The employer identification number (EIN) of EDUCATION LEADERS OF COLOR INC is 81-2253548.
Is EDUCATION LEADERS OF COLOR INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to EDUCATION LEADERS OF COLOR INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EDUCATION LEADERS OF COLOR INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EDUCATION LEADERS OF COLOR INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EDUCATION LEADERS OF COLOR INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of EDUCATION LEADERS OF COLOR INC?
The 990 for the year ended December 31, 2024 names SHARHONDA BOSSIER.
Who are the officers and directors of EDUCATION LEADERS OF COLOR INC?
The 990 for the year ended December 31, 2024 lists 16 people; 7 received compensation from the organization, the highest $292,669 (HEATHER HARDING, EXECUTIVE IN RESIDENCE).
How much revenue does EDUCATION LEADERS OF COLOR INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,773,935, expenses of $5,120,294 and total assets of $12,932,668 at year end.

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